COMALON
ActiveSummary
COMALON has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €208k and a net result of €36k. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 84% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 5.37 against 4.29 in 2023; short-term debt: 11.7% and cash: 31.1% of total assets), and 15.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
56 d late
2022
70 d late
2021
76 d late
2020
87 d late
2019
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€208k▲ 21.2%
2023 · €171k
2018: €97klowest in 7 years
2019: €117k▲ +20.6% vs 2018
2020: €150k▲ +29.0% vs 2019
2021: €198k▲ +31.5% vs 2020
2022: €145k▼ -26.9% vs 2021
2023: €171k▲ +18.5% vs 2022
2024: €208k▲ +21.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€246k▲ 17.3%
2023 · €210k
2018: €161k
2019: €143k▼ -11.5% vs 2018lowest in 7 years
2020: €215k▲ +50.5% vs 2019
2021: €259k▲ +20.5% vs 2020highest in 7 years
2022: €211k▼ -18.4% vs 2021
2023: €210k▼ -0.5% vs 2022
2024: €246k▲ +17.3% vs 2023
2018 → 2024
Net result
€36k▲ 35.7%
2023 · €27k
2018: €26k
2019: €21k▼ -20.3% vs 2018lowest in 7 years
2020: €34k▲ +63.1% vs 2019
2021: €47k▲ +40.1% vs 2020highest in 7 years
2022: €47k▼ -1.2% vs 2021
2023: €27k▼ -42.7% vs 2022
2024: €36k▲ +35.7% vs 2023
2018 → 2024
Working capital
€126k▲ 17.3%
2023 · €108k
2018: €37klowest in 7 years
2019: €73k▲ +96.3% vs 2018
2020: €94k▲ +29.1% vs 2019
2021: €146k▲ +55.3% vs 2020highest in 7 years
2022: €88k▼ -39.7% vs 2021
2023: €108k▲ +22.5% vs 2022
2024: €126k▲ +17.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€150k-€198k▲ 31.5%€145k▼ 26.9%€171k▲ 18.5%€208k▲ 21.2%
2020: €150k
2021: €198k▲ +31.5% vs 2020
2022: €145k▼ -26.9% vs 2021lowest in 5 years
2023: €171k▲ +18.5% vs 2022
2024: €208k▲ +21.2% vs 2023highest in 5 years
Operating result€44k-€63k▲ 45.4%€59k▼ 6.5%€35k▼ 41.1%€47k▲ 36.0%
2020: €44k
2021: €63k▲ +45.4% vs 2020highest in 5 years
2022: €59k▼ -6.5% vs 2021
2023: €35k▼ -41.1% vs 2022lowest in 5 years
2024: €47k▲ +36.0% vs 2023
Net result€34k-€47k▲ 40.1%€47k▼ 1.2%€27k▼ 42.7%€36k▲ 35.7%
2020: €34k
2021: €47k▲ +40.1% vs 2020highest in 5 years
2022: €47k▼ -1.2% vs 2021
2023: €27k▼ -42.7% vs 2022lowest in 5 years
2024: €36k▲ +35.7% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 36% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €246k
Fixed assets
€91k ▲ 30.9%
Current assets
€155k ▲ 10.6%
Equity and liabilities €246k
Equity
€208k ▲ 21.2%
Debt
€39k ▼ 0.1%
Debt's share of the balance-sheet total falls from 18.4% to 15.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77k▲
2023 · €51k
Cash flow
€66k▲
2023 · €43k
Current ratio
5.37▲
2023 · 4.29
Quick ratio
4.47▲
2023 · 3.72
Debt to equity
0.19▼
2023 · 0.23
ROE
17.5%▲
2023 · 15.6%
ROA
14.8%▲
2023 · 12.8%
Interest coverage
65.75▼
2023 · 141.75
Debt ≤ 1 year
€29k▼
2023 · €33k
Debt > 1 year
€8k▲
2023 · €5k
Income taxes
€10k▲
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€210k€246k▲
Fixed assets21/28€69k€91k▲
Tangible fixed assets22/27€69k€91k▲
Plant, machinery and equipment23€28k€26k▼
Furniture and vehicles24€42k€65k▲
Current assets29/58€141k€155k▲
Stocks and contracts in progress3€19k€26k▲
Stocks30/36€19k€26k▲
Amounts receivable within one year40/41€40k€52k▲
Trade receivables40€32k€39k▲
Other amounts receivable41€8k€12k▲
Cash at bank and in hand54/58€81k€77k▼
Deferred charges and accrued income490/1€840€863▲
Equity and liabilities
Total equity and liabilities10/49€210k€246k▲
Equity10/15€171k€208k▲
Contributions10/11€19k€19k=
Reserves13€79k€79k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€77k€77k=
Profit (loss) carried forward14€74k€110k▲
Amounts payable17/49€39k€39k▼
Amounts payable after more than one year17€5k€8k▲
Financial debts170/4€5k€8k▲
Amounts payable within one year42/48€33k€29k▼
Current portion of amounts payable after more than one year42€6k€11k▲
Trade debts44€14k€9k▼
Suppliers440/4€14k€9k▼
Advances received on contracts in progress46-€40
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€9k€5k▼
Other amounts payable47/48€4k€4k▲
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€30k▲
Other operating charges640/8€6k€743▼
Gross operating margin9900€57k€78k▲
Operating profit (loss)9901€35k€47k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€362€1k▲
Recurring financial charges65€362€1k▲
Profit (loss) for the period before taxes9903€34k€46k▲
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€27k€36k▲
Profit (loss) for the period to be appropriated9905€27k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€110k▲
Profit (loss) brought forward from the previous period14P€47k€74k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €20k | €21k | €17k | €30k | ▲ 78.7% |
| Other operating charges640/8 | - | €1k | €618 | €6k | €743 | ▼ 87.1% |
| Gross operating margin9900 | €61k | €85k | €81k | €57k | €78k | ▲ 36.0% |
| Operating profit (loss)9901 | €44k | €63k | €59k | €35k | €47k | ▲ 36.0% |
| Financial income75/76B | - | €1 | - | €0 | €0 | ▲ 233% |
| Recurring financial income75 | €3k | €1 | - | €0 | €0 | ▲ 233% |
| Financial charges65/66B | - | €448 | €334 | €362 | €1k | ▲ 223% |
| Recurring financial charges65 | €560 | €448 | €334 | €362 | €1k | ▲ 223% |
| Profit (loss) for the period before taxes9903 | €46k | €63k | €59k | €34k | €46k | ▲ 34.1% |
| Income taxes67/77 | €12k | €16k | €12k | €8k | €10k | ▲ 28.3% |
| Profit (loss) for the period9904 | €34k | €47k | €47k | €27k | €36k | ▲ 35.7% |
| Profit (loss) for the period to be appropriated9905 | €34k | €47k | €47k | €27k | €36k | ▲ 35.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €215k | €259k | €211k | €210k | €246k | ▲ 17.3% |
| Fixed assets21/28 | €79k | €70k | €68k | €69k | €91k | ▲ 30.9% |
| Tangible fixed assets22/27 | €79k | €70k | €68k | €69k | €91k | ▲ 30.9% |
| Plant, machinery and equipment23 | - | €23k | €25k | €28k | €26k | ▼ 5.8% |
| Furniture and vehicles24 | - | €45k | €43k | €42k | €65k | ▲ 55.5% |
| Other tangible fixed assets26 | - | €1k | €645 | - | - | - |
| Current assets29/58 | €135k | €189k | €143k | €141k | €155k | ▲ 10.6% |
| Stocks and contracts in progress3 | - | - | €33k | €19k | €26k | ▲ 40.6% |
| Stocks30/36 | - | - | €33k | €19k | €26k | ▲ 40.6% |
| Amounts receivable within one year40/41 | €23k | €53k | €77k | €40k | €52k | ▲ 28.4% |
| Trade receivables40 | - | €49k | €72k | €32k | €39k | ▲ 22.6% |
| Other amounts receivable41 | - | €4k | €5k | €8k | €12k | ▲ 51.5% |
| Cash at bank and in hand54/58 | €108k | €135k | €31k | €81k | €77k | ▼ 5.2% |
| Deferred charges and accrued income490/1 | - | €713 | €886 | €840 | €863 | ▲ 2.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €215k | €259k | €211k | €210k | €246k | ▲ 17.3% |
| Equity10/15 | €150k | €198k | €145k | €171k | €208k | ▲ 21.2% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €54k | €79k | €79k | €79k | €79k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €77k | €77k | €77k | €77k | = |
| Profit (loss) carried forward14 | €78k | €100k | €47k | €74k | €110k | ▲ 49.2% |
| Amounts payable17/49 | €64k | €61k | €67k | €39k | €39k | ▼ 0.1% |
| Amounts payable after more than one year17 | €23k | €17k | €11k | €5k | €8k | ▲ 76.5% |
| Financial debts170/4 | - | €17k | €11k | €5k | €8k | ▲ 76.5% |
| Amounts payable within one year42/48 | €41k | €43k | €55k | €33k | €29k | ▼ 11.6% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | €6k | €11k | ▲ 84.6% |
| Trade debts44 | €8k | €14k | €24k | €14k | €9k | ▼ 36.6% |
| Suppliers440/4 | - | €14k | €24k | €14k | €9k | ▼ 36.6% |
| Advances received on contracts in progress46 | - | - | - | - | €40 | - |
| Taxes, remuneration and social security45 | - | €9k | €21k | €9k | €5k | ▼ 45.6% |
| Taxes450/3 | - | €9k | €21k | €9k | €5k | ▼ 45.6% |
| Other amounts payable47/48 | - | €15k | €3k | €4k | €4k | ▲ 6.9% |
| Accrued charges and deferred income492/3 | - | €1k | €1k | €1k | €2k | ▲ 20.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34k | €47k | €47k | €27k | €36k | ▲ 35.7% |
| + Depreciation and write-downs630 | €14k | €20k | €21k | €17k | €30k | ▲ 78.7% |
| Operating cash flow (approximation) | €48k | €68k | €68k | €43k | €66k | ▲ 52.1% |
| Investment in fixed assets (approximation) | - | €-11k | €-20k | €-18k | €-51k | ▼ 189% |
| Change in cash | - | €27k | €-104k | €50k | €-4k | ▼ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €200kEq €208k ▲21.2%
7 profitable years in a row build equity to €208k.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial
Equity above €150kEq €171k ▲18.5%
6 profitable years in a row build equity to €171k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
2021
31-12
Financial
Highest result since 2018net €47k ▲40.1%
Operating result €63k, net result €47k, both a record.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Equity above €150kEq €150k ▲29%
3 profitable years in a row build equity to €150k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €21k ▼20.3%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.79
Current ratio from 1.64 to 3.79; short-term debt falls from €58k to €26k.
Show earlier events
31-12
Financial
Equity above €100kEq €117k ▲20.6%
2 profitable years in a row build equity to €117k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 73 days late
2016
17-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 48 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Opwijk · 1 establishment unit since 2014
Ground area
517 m²
Building footprint
156 m²
Volume, LiDAR
944 m³
Parcel 23060B0057/00Z002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Comalon
since 20142.227.328.747
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23060B0057/00Z002 | Flanders | 517 m² | 1 · 156 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 5,086 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.